Opinion: Generation Lost

This transcript has been automatically generated and may not be 100% accurate.

... still hard for a while before you read ... every reason to believe that our future is bright ... you're graduating into an economy at a job market ... that is totally healed ... the once dying American auto industry is on pace for its strongest performance in twenty years something that ... means everything to many communities in Ohio and across the Midwest ... welcome back to Opinion Journal I'm Mary Kissel ... that was President Obama telling stands and Ohio State University don't worry guys ... everything is fine your future is bright the auto industry is healing ... well Wonderland Columnist Dan Henninger is here to provide and ... I you know if the dose of reality ... into this discussion ... road trips in numbers and ... are on unemployment here youth unemployment ... up eleven point one percent effective unemployment rate ... sixteen point one percent ... does look very good to me ... well sixteen point one percent ... as many riders on the subject of noted understates it if you put in ... the number of young people who have stopped looking for jobs discouraged workers the number ... currently is twenty three percent ... about twenty five percent ... of this age group who just ... either can't get a job or had given up ... and that does not some IK the situation is getting steadily better is the president suggested ... that the economy simply is not creating ... enough new jobs to absorb the young people coming out of college and high school right into the college students understand why they're in this terrible situation because it is terrible ... no I don't marry up to Albany and economic growth is AEO often important of a man a slam against the island state and swung on though not always an unusual situation ... but people ... people can assume that are going to be living in United States that you're going to be living in a strong economy ... on the back up a little bit here ... they just announced that the unemployment youth unemployment rate increase to sixty two percent ... you unemployment is the reason you had riots in Tunisia and Egypt during the Herbst re spray ... they go to college to get these educations there are no jobs and they understand that their economy isn't working for ... consumption in the United States has always been Hwee of a strong economy might go to school to graduate I get a job to raise a family ... that's not happening right now ... nothing gets up to the political opposition in this country to try to explain the young people what policies have contributed to a suppressed economy that simply isn't creating jobs more than half have been made to that and if you're a Republican politician on now ... Detroit's ... if they exist of what you say on these college campuses WellCare would be an example that the present Obama has just ... passed the greatest entitlements inspected the Obama healthcare plan ... all employers now have to get ready to somehow ... complied with it ... so if the cost of compliance a per of somebody who has looked a hundred employees okay ... in some way he's going to have to spend another hundred fifty thousand dollars each year to comply with this new regulation ... what they should say to the young people is ... instead of spending that hundred fifty thousand dollars to hire three of you I am going to spend it to comply with this regulation time story ... they passed that unless you ... you know can reveal things like this it's going to be very hard for me to hire you ... so I think there are ways to try to explain to connect the dots so to speak ... up for young people who don't understand why neither in this next man and Democrats are certainly doing their best to explain away so ... it's important topic and I hope somebody ... on Capitol Hill there is listening to this program taking some notes ... one million columnist and Annie